BP and Sinopec form bunkering giant in Singapore

BP and Sinopec form bunkering giant in Singapore

Singapore: Singapore has a new powerhouse bunker supplier with news Britain’s BP and China’s Sinopec are forming a bunker storage and sales joint venture in the Lion Republic.

The 50/50 joint venture will use both companies’ existing bunkering locations and activities in the city and will provide bunkers around the world. Both companies already have significant bunkering presences in Singapore.

“The ports served by BP Sinopec Marine Fuels Pte Ltd will be: Singapore; Fujairah, United Arab Emirates; Antwerp, Belgium; Rotterdam and Amsterdam in the Netherlands; Tianjin, Qingdao, Shanghai, Ningbo and Shenzhen, China,” the statement said.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.

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